Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases

Summary of lease costs and maturity analysis for liabilities

Lease Costs	For the
	Nine Months Ended
(in thousands)	September 30, 2019
Operating lease cost	$	314
	$	314
Other information
Cash paid for amounts included in the measurement of lease liabilities	$	308
Weighted average remaining lease terms in years - operating leases		5.0
Weighted average discount rate - operating leases		3.86%
Maturity analysis for liabilities	Total
	Undiscounted
(in thousands)	Cash Flows
Discount rate at commencement		3.86%
Remainder of 2019	$	105
2020		421
2021		429
2022		438
2023		447
2024 and thereafter		340
	$	2,180
Present value lease liability	$	1,976
Difference between undiscounted cash flows and discounted cash flows	$	204

Summary of income relating to lease payments and undiscounted cash flows

Income relating to lease payments:	For the
	Nine Months Ended
(in thousands)	September 30, 2019
Income from leases (1)	$	189,698
	$	189,698
Undiscounted Cash Flows	Year ending
(in thousands)	December 31,
Remainder of 2019	$	43,023
2020		171,118
2021		165,230
2022		139,641
2023		123,630
2024 and thereafter		439,957
	$	1,082,599
(1) Amount from variable lease payments $48,259